Markets & Infrastructure

Trading & Investment

Dalian Commodity Exchange Set to Launch Log Futures, Options

By Editors | 29/10/2024

The new contracts will for the first time enable companies in the wood industry chain to hedge against adverse changes in log prices.

Tokenisation

HKMA Establishes Tokenisation Partnerships with Thailand, Brazil

By Sanday Chongo Kabange | 29/10/2024

The HKMA will collaborate with the central banks of Thailand and Brazil to explore cross-border tokenisation use cases, leveraging the Project Ensemble sandbox.

Supervision & Enforcement

ASIC Annual Report Details Increasing Focus on Accountability, Enforcement

By Thisanka Siripala | 29/10/2024

In the 12 months ending June 2024, ASIC conducted 690 surveillance operations and 168 formal investigations, and filed 32 cases against 69 defendants.

Trading & Investment

Thailand Raises Penalties for Violations by Brokerage Firms

By Nithya Subramanian | 29/10/2024

The new minimum penalty for naked short-selling stands a THB 1 million (USD 30,000), to better reflect the severity of offence.

Tokenisation

HK Bank Completes ‘First-of-its-Kind’ Sandbox Test Using Tokenised Deposits

By Sanday Chongo Kabange | 29/10/2024

The simulation covered trading of the tokenised fund unit for its institutional clients and cross-bank settlement using tokenised deposits.

Payments & Settlements

HKMA, PBOC to Pilot Cross-Boundary Payments Link in Mid-2025

By Sanday Chongo Kabange | 29/10/2024

The HKMA says a pilot launch for a cross-boundary payment linkage between Hong Kong’s FPS and China’s IBPS will tentatively launch in mid-2025.

Trading & Investment

Regulatory Review Finds Gaps in New Zealand’s DIMS Sector

By Thisanka Siripala | 28/10/2024

The review identified issues with disclosure practices, conflict of interest policies, and liquidity management at some discretionary investment management providers.

Cryptocurrency

HKEX to Launch Virtual Asset Index Series on 15 November

By Editors | 28/10/2024

HKEX said the index series will provide pricing benchmarks for Bitcoin and Ether in the Asian time zone which can be used for the settlement of financial products.

Supervision & Enforcement

Taiwan FSC to Ease On-site Inspection Process – Report

By Nithya Subramanian | 27/10/2024

Banks and insurers have criticised the existing inspection process, saying it leads to inconsistencies in enforcement, contradictory orders, and delays of business activities.